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The Big Polluters Big Lie
Boral, Bluescope, Caltex, Rio, Woodside, Xstrata: giving the big ETS lie
The disparity between the public hostility of resource companies to the Government’s emissions trading scheme and what they are telling investors has been highlighted by a request to the ACCC by the Australian Conservation Foundation and the Australian Climate Justice Program, a campaign by lawyers to use legal means to pursue climate change action.
As the AFR reported that the groups have asked the ACCC to investigate their claim of misleading conduct by resource companies who have publicly made apocalyptic claims about the impact of emissions trading, but either downplayed the impact to investors or failed to make any disclosure. The companies are Boral, Bluescope Steel, Caltex, Rio Tinto, Woodside and Xstrata.
Click here to read full article 'Companies must justify their ETS whingeing'
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